News
New Legislation on Automotive Security to Stimulate Growth in the Vehicle Security Industry in India
DUBLIN, Ireland-(Business Wire)-May 7, 2008 - Research and Markets (http://www.researchandmarkets.com/reports/c90894) has announced the addition of Theft and Car Insurance in India to their offering.
From October 2008, new legislation is being introduced in India which will increase the insurance requirements relating to vehicle security and create a new market opportunity for vehicle manufacturers and suppliers.
Whilst compliance with anti-theft standards in India is currently voluntary, the new legislation will make the fitment of immobiliser systems compulsory and in so doing, stimulate growth in the vehicle security industry.
Theft and car insurance in India contains vital market and technical information on the current insurance situation in India, and provides manufacturers with a clear guide to the security levels they must achieve to comply with the new legislative requirements.
This report will help you to:
- Understand the current insurance system in India and the legislative changes being introduced in 2008
- Learn about the Indian market, including sales, theft data and theft reduction initiatives
- Gain an insight into cost of ownership issues and understand how Indian standards for security compare to those set by the EU
Who should buy this report?
This report will be of interest to vehicle manufacturers and security system suppliers wishing to grow their share of this developing market by keeping up to date with the important legislative changes in India.
For more information visit http://www.researchandmarkets.com/reports/c90894
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